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How to Grow Your Airbnb Management Company (Ep248)

Many people have considered becoming an entrepreneur, but the thought of starting their own small business can be a little scary, if not downright intimidating. However, if you're looking for a low-risk way to start small, Airbnb might be the answer. A great way to learn and hone the skills required to successfully run your own business is through vacation rentals. There is plenty of opportunity for both the beginner and more experienced entrepreneurs within the vacation rental ecosystem.

Sid Kosatsky established HostOften, a full-service Airbnb property management company. Before finding success, like many others, he started simply – freelancing to help a small boutique hotel in the Dominican Republic set up their Airbnb listings. Hiring cleaners for his own Airbnb listing in the Halifax region of Nova Scotia led to Soapy Cleaning, a company created to find additional work for his team!

Today, Sid has expanded his business to over 25 units now and boasts a team of seven employees, five of whom are full-time, and he has systems in place that allow him to do focus on business growth. On the podcast, he shares his advice for aspiring Airbnb entrepreneurs, the technology he uses to save 15 hours a week, and how he built his talented team. Listen in and find out if Airbnb is the entryway to entrepreneurship you have been looking for!

Topics Covered:
*Sid’s Airbnb story
*Sid’s advice to aspiring Airbnb entrepreneurs
*Key tools and resources that can help put you on the path to success
*Time management tips and tricks
*The scale of Sid's current business
*The most important lessons Sid has learned

Connect with Sid


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Related Post: iGMS Review: Manage Multiple Airbnb Accounts